BREAKING: MSCI cuts Strategy from its indexes. 🚨
📋 Decision: The final November review lists Strategy A as Deleted, effective after the close on November 30. Metaplanet, Upexi and Yellow Cake were cut as well.
💥 Impact: Index funds must sell before November 30. JPMorgan puts forced selling at up to $2.8 billion, while Strategy estimates $1.57 billion.
🪙 Holdings: Strategy still owns 850,364 BTC, worth about $64.16 billion. The decision forces no Bitcoin sale, and the Nasdaq listing stays untouched.
🔮 Outlook: The selling hits MSTR shares, not Bitcoin itself, but it squeezes the channel Strategy used to raise cash and buy more BTC.
$BTC $MSTR #StrategyFacesMSCIJudgmentDay
📋 Decision: The final November review lists Strategy A as Deleted, effective after the close on November 30. Metaplanet, Upexi and Yellow Cake were cut as well.
💥 Impact: Index funds must sell before November 30. JPMorgan puts forced selling at up to $2.8 billion, while Strategy estimates $1.57 billion.
🪙 Holdings: Strategy still owns 850,364 BTC, worth about $64.16 billion. The decision forces no Bitcoin sale, and the Nasdaq listing stays untouched.
🔮 Outlook: The selling hits MSTR shares, not Bitcoin itself, but it squeezes the channel Strategy used to raise cash and buy more BTC.
$BTC $MSTR #StrategyFacesMSCIJudgmentDay
